Commission for Determining the Manager of Complex Assets Appoints Anka Feldhuzhen as Chair

The Commission for Determining the Manager of Complex Assets, functioning under the Asset Recovery and Management Agency (ARMA), convened its inaugural meeting on April 7, during which a new leadership team was elected and foundational approaches to the agency's operations were agreed upon. Anka Feldhuzhen, currently serving as Ukraine's business ombudsman, was elected as the chair of the commission, while Valeriy Sayenko, the director of the Asset Management Department at ARMA, was chosen as her deputy.

During the meeting, the commission members thoroughly examined organizational matters related to the agency's functionality and agreed to prepare a regulatory framework for its activities. It is important to note that the commission is a permanent collegial body established to evaluate participants in the selection of managers for complex assets based on their compliance with qualification requirements.

The composition of the commission, approved by the Cabinet of Ministers on March 18, 2026, includes representatives from ARMA, including acting chair Yaroslav Maksymenko, who is noted as the deputy chair of ARMA for European integration matters. Other members of the commission include Inna Martynenko, director of the department overseeing corporate governance and corporate finance at the National Securities and Stock Market Commission (NSSMC), Tetiana Myshko, a senior specialist in the third department of ARMA's financial and other asset detection and recovery department, Mykhailo Mirutenko, a senior specialist in the second department of ARMA's asset management effectiveness monitoring unit, Dmytro Romenskyi, director of the state executive service department at the Ministry of Justice, Oleksandr Tyshchenko, head of the sanctions policy department at the Ministry of Economy, and Anka Feldhuzhen herself.

The launch of this new body is a crucial component of the ARMA reform, which aims to classify seized assets into simple and complex categories. This reform seeks to ensure transparency, competition, and improved efficiency in asset management, which is undoubtedly a pressing issue for the country's economy.

It is worth recalling that Ukrainian President Volodymyr Zelensky signed a law on the ARMA reform, which was adopted by the Verkhovna Rada on June 18. This reform introduces an independent audit of the agency, conducts a competition for the position of the agency's head, and modifies the approaches to selecting managers for seized assets and managing such assets. These changes are expected to facilitate better organization and control over seized assets, which in turn will positively impact the economic situation in Ukraine.